We had a nice ride up and it looks like btc is finally entering a period of consolidation.
The overall htf trend is still up so we are still going to look for longs.
Our current area of interest is the golden pocket on the 1h chart. We will long in this area and start managing the trade when we hit the min. target level.
This setup will become invalid IF we make...
We closed some of our USOIL positions in profit today. We have since entered a buy again as price action has retraced to 50/61.8 fib zone (blue). As a part of our strategy and risk management, we have set a stop 20/30 pips below red line with take profit on the green zone. USOI
Monthly: in the middle of forming a giant gartley, currently at the 618 retrace.
Daily: completed a cypher pattern. Momentum pointing up.
Intraday: currently forming a small inverse head and shoulders.
Looking for ~34.00 entry
1st time to post an idea on DAX30 as many friends are so interested in trading this one.
Here we got an 30min shooting star after it finished daily 8ema correction and pulled back to the daily supply,
Also, in terms of 8ema, this trade also got abundant ema correction rooms!
I would like to take the short with a 11898 sell stop
If it makes new high before...
DXY has already pulled back to its 0.618 and 4hr demand zone combination spot,
and here we got this 4hr reversal sign for EURUSD.
I would love to take this shooting star breakdown short!
If it makes new high before broke 1.1205, this trade will be cancelled!
Let's see how it goes yo!
BERY started off the year well, but took a very bad hit following missed revenues and continued US-China trade war actions. BERY operates in the materials sectors, in particular, plastics, and the sector has been very vulnerable to the trade war. After the recent gap-down, BERY is now finding support at its 61.8% Fibonacci retracement level. I would continue to...
After Buying from Double Bottom (dated 17-May), now you can watch for Sell.
Reason to Sell
1) UsdYen = downtrend
2) 0618 Fibonacci retracement = potential reversal
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